Russia expects vehicle scrappage fee revenues to rise despite drop in sales

MOSCOW (Reuters) -The Russian government expects budget revenues from car scrappage fees to rise sharply this year and next, even though vehicle sales are in steep decline, a document reviewed by Reuters shows. The draft budget for 2026 forecasts revenues from scrappage fees of almost 1.65 trillion roubles ($19.71 billion), a rise of 46.7% from the 1.12 trillion roubles forecast for 2025. The government has so far collected a small fraction of that total this year, at 267 billion roubles as of Septembe ...